Brent (CO1) Down $0.1 in Last 4 Hours, 8 Day Up Streak Ended; in an Uptrend Over Past 14 Days

Brent 4 Hour Price Update

Updated February 12, 2021 01:53 AM GMT (09:53 PM EST)

50.01 was the closing price of the four-hour candle for Brent, resulting in the current 4 hour candle being one in which price moved down 0.2% ($0.1) from the previous 4 hours. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Brent Daily Price Recap

The end of a 8 day positive run has come for Brent, which finished yesterday down 0.54% ($0.33). Relative to other instruments in the energy commodity asset class, Brent ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Brent.

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Brent Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Brent’s price has gone up 10 them.